The Taxes (Definition of Charity) (Relevant Territories) Regulations 2010 , which come into force on 20 August 2010, specify Iceland and Norway as ‘relevant territories’ for the purposes of Schedule 6 to the Finance Act 2010 (the jurisdiction condition of the definition of “charity” in paragraph 1). The Regulations are accompanied by a helpful Explanatory Memorandum.

It is with regret that the Association reports Richard Bendell's resignation on health grounds, recognising all the good work he has accomplished for us during his time as Director. We are however delighted to announce that Sue Daniels, who has been acting as Interim Director since February 2010, has agreed to become our Director going forward.

Friday 2nd July - Encouraging involvement in Social Enterprises has just taken a leap forward with the announcement that Coutts, private banking arm of RBS, will be launching an advisory service specifically aimed at helping its clients to become involved in social enterprises. Coutt’s clients will be advised by an independent panel of experts, including Clearly So, and the School for Social Entrepeneurs,  on the myriad of ways to invest in the sector, including mentoring and advisory roles.  See www.coutts.com for more information.